Video game industry bigger than sports, movies combined, research suggests

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Dec 4, 2020
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The video game industry has grown to be bigger than the sports and movie industry combined, MarketWatch reported Tuesday.

The news outlet reported that global video game revenue is expected to increase 20 percent in 2020, making $179.7 billion, according to data from IDC.

The biggest gain is expected to come from mobile gaming, according to the news outlet, which is expected to surge 24 percent to $87.7 billion. Part of this is due to China recently lifting a ban on gaming consoles.

 
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